Miners Eye Middle East as Next Region for Growth

“Compared to the U.S., the south of Oman has a few geopolitical advantages that are unique. It is very good for connections, as it’s next to submarine cables landing. It has, low [cost] electricity, reduced political risk, and favorable weather conditions for data centers,” said Olivier Ohnheiser, CEO of Green Data City, an Oman crypto-mining firm, told CoinDesk during Bitmain’s World Digital Mining Summit in Oman at the end of March.

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• Source: https://www.coindesk.com/consensus-magazine/2024/05/17/miners-eye-middle-east-as-next-region-for-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines